2010-Banner Year For Global Steel Production
Global steel production sets a new record!
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China Steel Production-First Half 2009
China has produced over 11 times more steel in the June 2009 than the US. While the Chinese seem to have the economic stimulus figured out, we wonder whether their environmental laws are as effective.
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Steel Surcharges for August
We expect to see prices climb based on the 2.8 times increase in steel scrap surcharge for August compared to June 2009.